Bohle Plains QLD
INVESTMENT OPPORTUNITY LEASED TO DEFENCE HOUSING UNTIL 2028.
INVESTORS : This is a perfect opportunity for a savvy investor. This property has a DHA (Defence Housing Australia) lease in place and rent is guaranteed until the end of the lease in 2028 with an additional 3 year option that could take it through until 2031.
A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home is repainted at DHA's expense before being handed back for you to move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to onsell to another investor at any time during the lease.
LEASE DETAILS :
* Lease edition 6B
* Current lease date 16/08/2010 - 15/08/2025
* Lease end date 16/08/2025 - 15/08/2028
* Variable extension period 1 x 36 months
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
*** Important Note: The 12 month right to vary is at DHA’s discretion.
CURRENT GROSS RENT for 2025: $600pw and adjusted each December according to an independent professional valuation
PROPERTY FEATURES:
* Modern lowset brick home
* 4 Large Bedrooms
* Master Bedroom inc Main with Ensuite, Sizeable built in Robe and Air Conditioning
* 2 Separate living areas inc Family/Rumpus and Living/Dining
* Air conditioning
* Double lock up garage with internal entry
* Security Screens
* Outdoor undercover patio/entertaining area
* 521 sqm block
* Built approx 2010
* Council & Water Rates - TBC
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* Zero re-letting fees
Suburb Information:
Bohle Plains offers a peaceful and burgeoning lifestyle just a short drive from the heart of Townsville, approximately 16-22 kilometers from the CBD. This family-friendly suburb provides a serene escape without sacrificing convenience, boasting a growing array of local amenities. Residents benefit from easy access to major arterial roads, including the Bruce Highway, and a regular Translink bus service (Route 203 and 215) ensures a smooth commute to employment hubs, education facilities like James Cook University, and the bustling city center. Bohle Plains is well-serviced with new shopping precincts, well-regarded schools, and ample parklands, including the Riverway precinct which offers a vibrant hub for leisure, cultural events, and community gatherings. This established yet evolving community is an increasingly popular choice for those seeking a balanced and connected lifestyle in Townsville's thriving northern corridor, with an average time on market for houses currently around 16 days, reflecting strong buyer interest.
** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can’t be occupied by the owner/s until the lease ends **
** Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Sharon Richter of Hudson Property Agents. In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
Information provided above has been obtained from various sources which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorplan, build date, land size, floor plans and size, property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.
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$3,078
Estimated monthly repayments based on advertised price of $660000.
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